House Financial Services Hearing
On September 19, the House Financial Services Committee Subcommittee on Financial Institutions and Monetary Policy held a hearing titled “A Holistic Review of Regulators: Regulatory Overreach and Economic Consequences.” Witnesses in the hearing were: Mr. Hal Scott, Nomura Professor of International Financial Systems, Emeritus, Harvard Law School Ms. Karen Petrou, …
Read MoreSenate Banking Committee Hearing
On September 12, the Senate Banking Committee held a hearing entitled “Oversight of the U.S. Securities and Exchange Commission”. The sole witness in the hearing was Securities and Exchange Commission (SEC) Chairman Gary Gensler. Below is a summary of the hearing prepared by Delta Strategy Group. It contains several high-level takeaways from …
Read MoreDSG Crypto Regulatory Roundup: August 2023
International Bodies Singapore’s Central Bank Releases Stablecoin Regulatory Framework: Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request. More here. Indian PM Modi Calls for Global Cryptocurrency Framework at G20 Summit: Indian Prime Minister Narendra Modi …
Read MoreDSG Crypto Regulatory Roundup: July 2023
International First Bitcoin Futures Contract Debuts in Argentina: Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda. More here. United States U.S. Stablecoin Bill Takes Big Step Despite Fight from …
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